3 Things Investors Should Know Before Buying Fastly Stock

Fastly (NYSE: FSLY) stock has been on a tear this year, with shares up 317% year-to-date even after some steep price drops this month. The cloud services company's stock price has risen this year as people spent more time at home and investors went searching for companies that would benefit from a spike in internet usage.

But if you're considering investing in Fastly stock, there are at least three things you should know about the company first.

On Oct. 14 Fastly released preliminary third-quarter results (it'll release the official result on Oct. 28) and they were lower than management had previously estimated. Sales in the quarter will be in the range of $70 million to $71 million, down from the previous guidance of between $73.5 million to $75.5 million.

Source Fool.com